Page 4 - Price Export News Today

Selective export controls — like the ones in rice — are prone to circumvention through misclassification.

The delay in shipments from the worlds biggest exporter of rice could deplete inventories in importers such as Benin, Ghana, Côte dIvoire, and Liberia, and boost local prices in those countries, which are already near multi-year highs, , Rice export, export tarrif

Despite these unprecedented harvests, the last year and more has witnessed “supply-side” actions in the form of export curbs and trade controls on the two cereals.

MUMBAI, Aug 29 — India’s move to impose a 20 per cent duty on exports of parboiled rice has prompted buyers and sellers to postpone shipments of around 500,000 metric tonnes to...

India imposed export ban on July 20 to mitigate cereal inflation amidst fears of price pressures due to floods and torrential rains. | Latest News India

India accounts for more than 40 percent of all global rice shipments, while non-basmati white rice constitutes about 25 percent of the total rice exported

Increased costs have put pressure on the rice sector.

In view of the "special relationship" with Singapore, India has decided to allow the export of rice to "meet the food security requirements" of the Southeast nation, the Ministry of External Affairs (MEA) said.

India News: NEW DELHI: In view of the "special relationship" with Singapore, India has decided to allow the export of rice to "meet the food security requirements.

The commerce and industry ministry said on Sunday that it directed trade promotion body Agricultural and Processed Food Products Export Development Authority (Apeda) not to register contracts below $1,200 per tonne. Existing contracts below $1,200 per tonne have been kept in abeyance.